Steel Dynamics (STLD) Set to Post Earnings on Monday

Steel Dynamics (NASDAQ:STLD) is expected to announce its Q3 2026 results after the market closes on Monday, October 19th. Analysts expect the company to post earnings of $5.47 per share and revenue of $6.43 billion for the quarter. Parties can find conference call details on the company’s upcoming Q3 2026 earnings summary page for the latest details on the call scheduled for Tuesday, October 20, 2026 at 11:00 AM ET.

Steel Dynamics (NASDAQ:STLD) last posted its quarterly earnings data on Tuesday, July 21st. The basic materials company reported $3.69 EPS for the quarter, beating the consensus estimate of $3.63 by $0.06. The business had revenue of $6.09 billion for the quarter, compared to analysts’ expectations of $5.56 billion. Steel Dynamics had a net margin of 7.83% and a return on equity of 18.12%. The firm’s revenue was up 33.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.01 EPS. On average, analysts expect Steel Dynamics to post $18.13 EPS for the current fiscal year and $23.19 EPS for the next fiscal year.

Steel Dynamics Price Performance

Shares of NASDAQ STLD opened at $240.54 on Friday. The company has a fifty day moving average price of $238.98 and a 200 day moving average price of $236.19. The firm has a market cap of $34.48 billion, a PE ratio of 21.81, a PEG ratio of 0.34 and a beta of 1.48. The company has a current ratio of 3.18, a quick ratio of 1.45 and a debt-to-equity ratio of 0.45. Steel Dynamics has a 1-year low of $141.45 and a 1-year high of $288.74.

Steel Dynamics Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, October 9th. Stockholders of record on Wednesday, September 30th were issued a $0.53 dividend. This represents a $2.12 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date was Wednesday, September 30th. Steel Dynamics’s payout ratio is 19.22%.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on STLD shares. The Goldman Sachs Group began coverage on Steel Dynamics in a research report on Wednesday, July 29th. They set a “buy” rating and a $300.00 price objective for the company. UBS Group increased their price objective on Steel Dynamics from $165.00 to $276.00 and gave the stock a “neutral” rating in a report on Monday, August 10th. Bank of America dropped their target price on Steel Dynamics from $280.00 to $260.00 and set a “neutral” rating on the stock in a research report on Thursday, July 9th. Weiss Ratings cut Steel Dynamics from a “buy (b)” rating to a “buy (b-)” rating in a research note on Tuesday. Finally, Wall Street Zen cut Steel Dynamics from a “strong-buy” rating to a “buy” rating in a research note on Sunday, September 20th. Eight research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $257.45.

Steel Dynamics Company Profile

Steel Dynamics, Inc is a steel producer and metals recycler headquartered in Fort Wayne, Indiana. Founded in 1993, the company operates electric arc furnace steel mills that use recycled ferrous scrap and other raw materials to manufacture steel products for customers in construction, automotive, manufacturing, energy and other industrial markets.

Its steel operations produce flat-roll steel, long products, structural steel and rail products, along with specialized steel products such as galvanized, painted and other value-added coated materials.